Quote from: IadixDev on December 10, 2019, 11:41:41 AM

You sure this is correct ?

The stratum protocol add more nonces in the coinbase tx, with one unique nonce per worker, and the rolling happen in another nonce, the two are in the coinbase tx, additionally to the block header nonce.

All miners works on a full range nonce2, and have a unique nonce1 in the coinbase. So They all work on slightly different blocks with a full 32bits nonce range.

Not sure it affects the decentralisation principle or the main reasonning though

Absolutely sure. It doesn't matter how much nonce is used during hashing. The main point. In my algorithm for EVERY miner, there is a cyclic range of values that he needs to sort out. Therefore, the pool does not bring benefits. It is very important that this range is FIXED for each new hash. In the case of Bitcoin, this range is one for all. Even if you have selected a small part in it, it allows you to distribute the calculations on several machines, dividing this range into parts. But in my algorithm there is nothing to distribute and separate. Each checks ONLY his own range.

Quote from: hatshepsut93 on December 10, 2019, 11:56:52 AM

You're a newbie and clearly don't understand the point of mining. Hint: it's not creation of new coins, that's just a nice little side effect. The point of mining is synchronizing the network in such way that cheating is impossible, because it's unsustainable. It really doesn't matter how many entities are mining, they have no choice but to follow the rules of the network and don't try to cheat with forks. In fact, one CPU - one vote is less secure, because its easy to create botnets and attack the network for free with stolen hashpower.

Oh, judging by your words, you are a "newbie."

You have the status of "legendary", but for all these years you still could not figure out what and how it works. And most importantly - you did not understand why Bitcoin was created at all.
Accept my sympathy.

Quote from: mjglqw on December 10, 2019, 12:05:25 PM

Sure it's definitely unfortunate no doubt about that. But going back to my point, there's really nothing we can do about this. If a poor person can mine through a cellphone, what's stopping a rich person from mining through a thousand cellphones? If a poor person can start one business, what's stopping a rich person from opening a hundred businesses that can rival the poor person's business? Just examples. Unless you're going to KYC every single miner so you can really know that you're limiting your users to a number of devices to limit the hashrate they're using, you really can't fix this, especially in a decentralized manner.

It seems you do not want to understand the main thing. Well, I will try to explain as accessible as possible ...

Now only rich people can mine Bitcoin. ONLY THE RICH !!! And the poor can not !!!
Do you understand?
That is, the RICH now interfere with the POOR.

My suggestion is NOT that the rich have no right to buy 1000 computers and mine 1000 coins. My suggestion is that BOTH - the rich AND the poor have the opportunity to mine bitcoins.
Do you understand or not?

Quote from: Thekool1s on December 10, 2019, 12:11:14 PM

Why not tell us more about yourself here? Create a thread about yourself, your educational background and post it in the Project Development board. Your idea is a noble one. But I do see some problems with this concept. What if tomorrow AMD and Intel decided to hike up their CPU prices? The mining again will get out from the reach of the "poor". Basically you can't control the top 1% they will always end up in the power as they have the means to do so... Just look at the GPU shortages as an example. During the peak, the GPUs were going for almost double the standard price and it can happen with CPUs as well, that's what essentially happens in "Free-Markets". Supply and demand dictate the price. Even if you made your algorithms only to work on P4 (Pentium 4), The rich will get their hands on more P4s and we will end up in a similar situation. Some of my suggestions will be to create a milestone list, get an escrow a trusted one from the forum and let them handle your donations. So that they will release the donations once you reach your listed milestones. Again Good luck!

Yes, I will do as you say.

As for the processors. In fact, the problem is that no one wants to create their own product, everyone is used to being lazy. Everyone just wants to go to the store and buy. But Intel is not lazy - they do. Therefore, they can set market rules and dictate prices.
I have developed a CPU with a more productive architecture since 2004, then I won the first round of the inventors' competition in my country. But she is not interesting to anyone. Nobody wants to invest in this. And I'm too poor to pull such a project alone.
Want fast and cheap processors? No question - I have something to offer. Although at the moment, I would like to continue working on my neural processor - this topic is more interesting to me and it is more in demand on the market. Especially because there are no analogues in the world. (Do not consider tensor accelerators - this is not a neural processor).